Australian (ASX) Stock Market Forum

CAI - Calidus Resources

Re: PNO (PHARMANET)

tech/a said:
Everything is to hard for him---so I bypass him.

Youll be happy to know that I intend to bypass you as well.

Mediocrity fits well with many---enjoy.

Thankyou, I am very grateful for that.

I never asked for your help, you just keep butting in.

I have not sold PNO yet and do not intend to. So anything is possible. I will only lose money if I sell out at a loss.

Those that held PNO last July would have been shocked when the share price lifted from 1 cent to 13 cents within 3 days on the discovery of tripeptofen.

An annoucement on or before may 2006 will be the one that make or breaks tripeptofen. The completion of clinical phase 1 trails. If it fails, then expect 1 cent, if it is a success, expect a lot more.


I have been able trade trade very well without the help of others

PNO July 2004

$10,758 profit in 3 hours (2nd week trading by myself and self taught too)
 
Re: PNO (PHARMANET)

What we already know about Tripeptofen:

* Fast acting (within seconds)
* Low drug complications
* Low side effects
* Anti Inflammatory properties
* Pain relieving properties
* Was discovered within another product already approved
* 18 Years worth of scientific and clinical use
* Humans have used the drug safely
* Low cost to produce
* Works through the skin
* A new drug that is to be aimed at the lucrative sporting and ageing markets
* The usual hurdles won't apply to this drug, saving time, research and money
 
Re: PNO (PHARMANET)

New annoucement just out at close of trade on the 13th Oct., sounds good...lets see how the market reacts to this one.

Pharmanet in distribution agreement with MPL USA

Sydney - Thursday - October 13: (RWE Aust Business News) -

Pharmanet Group Ltd's (ASX:pNO) subsidiary Molecular Pharmacology Ltd
(MPL) has entered into a distribution and supply agreement with Molecular
Pharmacology (USA) Ltd (MPL USA).

MPL USA is granted the exclusive right to distribute, market,
promote and/or sell topical therapeutic products for analgesic and
anti-inflammatory use in humans in the USA.

It will be able to utilise the MPL trademarks and tradenames
associated with the licenced product.

MPL currently holds the licensing rights from Cambridge Scientific Pty Ltd, a wholly owned subsidiary of the company and the holder of the intellectual property.
 
Re: PNO (PHARMANET)

Kris.

On the move now.
Hope it goes through the roof for you!

If nothing else you've stuck to your plan!!
 
Re: PNO (PHARMANET)

Was out and about today doing the family thing and enjoying the sunshine, so I missed much of the action.

A little run up today was a bonus...after the annoucement.

Buy depth looking much better now, and the close was good too, hopefully she runs again on Monday. It runs on the smell of an oily rag, I love this stock, just for that fact. Never fall in love with a stock so they say!

There are some stocks that run well and this is just one of them.

Yes I have stuck to my guns on this one, and I am proud of that. No matter how much others tell me, how wrong my trading methods are, or bag the crap out of the kinds of stocks I buy. Each to their own I say.

$1,904 today. (not in the bank just yet)

I have broken-even now and are making profit.

OK enough beating of the chest, because Monday I may be left with egg on my face, I hope not.

Bring in the money I say, the sooner I get this house deposit, the better.
 
Re: PNO (PHARMANET)

Kris, as someone who eagerly watches your posts, it's good to finally see some modesty.

It fits you well.

I know that this is a majority T/A site, but a lot of people here learn a lot from you through your predominately fundamental opinions.

I'm also gaining valuable knowledge about T/A as well!

Ta,

Sam
 
Re: PNO (PHARMANET)

krisbarry said:
I, with many others are trying to pick a low, then buy. PNO lows have been around the 2 cents mark, now the upsurge to the 3 ish mark. The way I see it, upwards trend emerging IMO

Looks like I might be correct in saying what I said in the above post. Look at the chart and correct me if I am wrong.
 

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Re: PNO (PHARMANET)

Still think this baby has a little more to run on Monday, and if we are lucky Tuesday too, b4 some profit taking occurs.

Well thats my thoughts, as a large trade went through on close of trade on Friday at 3.4 cents.
 
Re: PNO (PHARMANET)

Didn't end up running Monday, went backwards instead, and no movement on Tuesday, but look at the market depth (support levels).

Large levels building at 2.5,2.8,2.9 and 3 cents.

Appears to be an easy run to 4 cents, and may even run without the need for an annoucement.

Keep a close watch on this one, looking very healthy
 
Re: PNO (PHARMANET)

Keep a close eye on the market depth of PNO, note the Brokers at 2.7 and 2.9 with their 1 share parcels buy orders. Could be some large parcels in this lot.

This would be the most likely reason for a strong buy side, just over 9 millions shares.

Kinda wish they would let us into their little secrets...something must be on the cards.
 
Re: PNO (PHARMANET)

krisbarry said:
Keep a close eye on the market depth of PNO, note the Brokers at 2.7 and 2.9 with their 1 share parcels buy orders. Could be some large parcels in this lot.

This would be the most likely reason for a strong buy side, just over 9 millions shares.

Kinda wish they would let us into their little secrets...something must be on the cards.


I wouldn't be counting your chickens yet Kris.Maybe a reasonable chance looking at the sell depth but the big bids are way down at 0.03.I think there is a good chance if push came to shove if the price came down, so would the bids.Only my view of it and I hope I am wrong. :D
 
Re: PNO (PHARMANET)

Point taken Porper. Plenty of chickens being counted right now due to the flu, but thats another story for another thread and another day. LOL

I have noticed that the support level at 3.1 has been growing all day, just short of the 1 million mark.
 
Re: PNO (PHARMANET)

A cross trade of (1) share occured at the close of trade today, according to a member on sharescene, this is usually good news, a bullish indicator.

I am very much hoping this is true.

I did see this occur recently on PNO, the days following this eventuated in a higher share price as well.

Source:

Sharescene.com
Member - macrae
 
Re: PNO (PHARMANET)

krisbarry said:
A cross trade of (1) share occured at the close of trade today, according to a member on sharescene, this is usually good news, a bullish indicator.

I am very much hoping this is true.

I did see this occur recently on PNO, the days following this eventuated in a higher share price as well.

Source:

Sharescene.com
Member - macrae


At least you have kept your sense of humour Kris, a lot of people are fretting over the recent downturn.

Anyway that one share made the price surge from 0.03 to 0.032.:badsmile:

I had a bad day today but as they say, it is only money.

The market 1 Porper 0. :fu: to the market I say.

I'll be back. :shoot:
 
Re: PNO (PHARMANET)

krisbarry said:
A cross trade of (1) share occured at the close of trade today, according to a member on sharescene, this is usually good news, a bullish indicator.

I am very much hoping this is true.

I did see this occur recently on PNO, the days following this eventuated in a higher share price as well.

Source:

Sharescene.com
Member - macrae

what a load of tripe , please explain why it is good news apart from the fact someone says
an order of 1 trade is an indicator a cross trade is about to be made
do you know what a cross trade is ?
all it is is a trade between 2 entities who use the same broker.
why is this perceived as good ?
i'm all ears


................ pete
 
Re: PNO (PHARMANET)

Anyway that one share made the price surge from 0.03 to 0.032, which in turn made my account balance also surge, back up by $952.

Amazing how (1) share can make all the difference. LOL

Speaking of the market...at the end of this month I have decided to switch all of my super fund into Australian shares. This downward trend in the all ords has to be nearly done.

Bring on November I say, and show me some green arrows, my nose has been bleeding far too much of late. With all that blood, sweat and tears, Australians must be down a few squillion dollars now in their super funds.
 
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